Cox & Kings (India) is currently trading at Rs 253.15, up by 5.20 points or 2.10% from its previous closing of Rs. 247.95 on the BSE.
The scrip opened at Rs 249.50 and has touched a high and low of Rs 257.65 and Rs 249.50 respectively. So far 18288 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 343.90 on 20-Feb-2015 and a 52 week low of Rs. 200.25 on 21-Sep-2015.
Last one week high and low of the scrip stood at Rs. 276.80 and Rs. 237.40 respectively. The current market cap of the company is Rs. 4276.89 crore.
The promoters holding in the company stood at 48.73% while Institutions and Non-Institutions held 37.81% and 13.15% respectively.
Cox & Kings owned Meininger Hotels has signed an agreement for the Meininger Hotel in Spain, which will be located on Gran Via in the south-west part of the city. The 186 room and 682 bed hotel is scheduled to open by the end of 2018. The proposed hotel is ideally located in an important area of Barcelona at a main avenue of the city and connected to the city centre as well as the airport by good access to public transportation.
The new-build property with a gross floor area of 6,044 sqm will feature 186 rooms and 682 beds; well-equipped with TV, free wifi and en-suite bathrooms all to a high specification. Due to the flexible room concept of Meininger the accommodation ranges from classic double rooms and private multiple-bed rooms to a bed in a dormitory. The basement area will offer underground parking for 50 cars. All public spaces will be located on the ground floor, including a lobby, lounge, breakfast area and bar. In the well-equipped guest kitchen customers can cook their own meals around the clock.
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